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Astoria Burger King Property Sells for $20 Million
Summary by OANA - Old Astoria Neighborhood Association
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Astoria Burger King Property Sells for $20 Million
The Burger King property on Astoria Boulevard has sold for $20 million. While many have enjoyed late-night Whoppers at this particular establishment, the door is now open for potential mixed-use development. According to Patch Amara Astoria LLC purchased the burger joint’s property between Hoyt Avenue South and 34th Street. The seller, Stage Coach Associates LLC, had owned it since 1981. Former Marketing materials suggest the site could accommodate around 97,000 sq ft of residential, commercial or office space. A rendering shows a nine-story building but there are no official development plans. Read the original article on Patch.com.
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